242 Gardenia CtPrattvilleAL36067
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Prattville at 242 Gardenia Ct, Prattville, AL, 36067 with 5% annual appreciation on a $179,900 basis while $1,584/mo rent supports operations. Total monthly income totals $1,584/mo and a $881/mo payment preserves $561/mo for cash returns. Annual cash flow comes to $6,736/yr on $59,637 deployed, and return on cash invested reaches 31.2% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 10.57%. Five-year ROI measures 162.8% and total cumulative return in cash totals $97,089.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,584/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36067, Prattville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,851 (100%) |
| Owner Occupied HU | 8,099 (68.3%) |
| Renter Occupied HU | 2,648 (22.3%) |
| Vacant Housing Units | 1,104 ( 9.3%) |
| Median Home Value | $205,070 |
| Average Home Value | $237,005 |
Housing Distribution
Address Breakdown
Residential
11,346
Single Family
11,255
Multi-Family
91
Businesses
605
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